Which of the following investment options is most valuable?
Assume positive interest rate.
receiving $10,000 today
receiving $1,000 per year for 10 years with the first payment
made today
receiving $2,000 per year for five years beginning next year
receiving $5,000 today and $5,000 next year
We need to know the interest rate to tell
Which of the following investment options is most valuable? Assume positive interest rate. receiving $10,000 today recei
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